Allianz Holdings plc has announced Jon Dye will be stepping down as CEO after eight years at Allianz Holdings at the end of November 2021. He will be succeeded by Colm Holmes, currently CEO of Aviva General Insurance.
Dye joined Allianz in 2003 and became its CEO in 2013. During his career, he has overseen the acquisition of the general insurance business of Liverpool Victoria (LV=) and Legal and General (L&G).
Meanwhile, Colm has held senior leadership positions in JP Morgan Chase, Zurich Financial Services and most recently, Aviva, where he served as CFO and CEO.
In his new role, Colm will work towards strengthening Allianz’s position in the UK.
Chris Townsend, board member Allianz SE, said: “I would like to thank Jon for his leadership of Allianz Holdings since July 2013, in particular for working through our recent UK acquisitions and successfully navigating through the challenges of the pandemic,”
“We look forward to Colm joining us to take our business forward and capitalizing on our strong market position.”
Dye commented: “I have thoroughly enjoyed my 18 years at Allianz. It has been a great privilege to lead such a fantastic business as part of such a successful team. I will be working with my colleagues over the next 6 months to ensure that Allianz is in the best possible shape for Colm to take on.”